The American International Group (AIG) has announced that Marilyn Hirsch has returned to AIG as senior vice president, treasurer, effective immediately. In her new role, she reports to Shane Fitzsimons, executive vice president and chief financial officer.
Hirsch now leads AIG’s global Treasury activities, including financing plans, banking and rating agency relations, and management of capital and liquidity.
She has rejoined AIG from the Allstate Corporation where she served as senior vice president and treasurer. Her responsibilities spanned treasury, corporate financial planning and analysis, corporate development, corporate expense management and start-up engagement.
From 2011 to 2015, Hirsch held various leadership positions at AIG, the most recent being head of strategy for AIG Property Casualty. She also served on AIG Israel’s board of directors during her time at AIG.
Meanwhile, Kathleen Carbone has also been named as vice president and chief accounting officer at AIG, effective 1 March 2022. Since last May, Carbone has served as vice president for AIG Finance.
In her new role, Carbone will report to Fitzsimons and she will succeed Elias Habayeb, who was named chief financial officer for AIG’s life and retirement business in October 2021, and will continue to serve as AIG’s chief accounting officer through February 2022.
Fitzsimons said: “As we continue our journey to become a top performing company, Marilyn’s more than 30 years of global experience, leadership skills and deep subject matter expertise will guide the Treasury team’s critical work in advancing AIG’s strategic priorities.
“Kathleen brings outstanding financial reporting acumen and deep institutional knowledge of AIG to the role of chief accounting officer. She is already an integral member of the finance leadership team, and I am thrilled that she is taking on this role.”
Hirsch added: “AIG’s capital management goals, eagerness to continuously improve systems and processes, and dedication to strong relationships with external stakeholders are all compelling opportunities for the treasury team. I look forward to the contributions we will make in this diligent pursuit of excellence and commitment to delivering value.”